This page reflects PVLA options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — PVLA
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $150.00 (17.53 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$150.00
Nearest expiry
Expected Move
±$3.90
±2.9%
Days to Expiry
14
Calendar days
Total Call OI
2,085
Nearest expiry
Total Put OI
213
Nearest expiry
P/C OI Ratio
0.10
Put-heavy
Spot Price
$132.47
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$140.00
8/21/2026, 11:27:08 PM
2026-09-18
$150.00
9/18/2026, 11:27:56 PM
2026-10-16NextUpdated
$150.00
10/2/2026, 11:25:07 PM
2026-11-20
$150.00
10/2/2026, 11:25:07 PM
2027-02-19
$100.00
10/2/2026, 11:25:07 PM
Selected expiration: 2026-10-16 at max pain $150.00.
PVLA pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
110
0
610500
610500
120
1000
399500
400500
130
2000
238500
240500
135
2500
170500
173000
140
3000
107500
110500
145
4000
50000
54000
150
5500
12500
18000
155
19500
0
19500
160
34500
0
34500
165
50500
0
50500
170
84500
0
84500
175
1125000
0
1125000
180
2167000
0
2167000
190
4251000
0
4251000
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.